Access the full text.
Sign up today, get DeepDyve free for 14 days.
Micheline Goedhuys, L. Sleuwaegen (2010)
High-growth entrepreneurial firms in Africa: a quantile regression approachSmall Business Economics, 34
M. Parisi, F. Schiantarelli, A. Sembenelli (2006)
Productivity, innovation and R&D: Micro evidence for ItalyEuropean Economic Review, 50
David Evans (1987)
Tests of Alternative Theories of Firm GrowthJournal of Political Economy, 95
Bronwyn Hall, J. Mairesse, P. Mohnen (2009)
Measuring the Returns to R&DEnvironment for Innovation eJournal
Alex Coad (2009)
Innovation and Firm Growth
Alex Coad (2009)
The Growth of Firms: A Survey of Theories and Empirical Evidence
J. Reenen (1997)
Employment and Technological Innovation: Evidence from U.K. Manufacturing FirmsJournal of Labor Economics, 15
E. Brouwer, A. Kleinknecht, J. Reijnen (1993)
Employment growth and innovation at the firm levelJournal of Evolutionary Economics, 3
Samuel Kortum (1993)
Equilibrium R&D and the patent-R&D ratio: U.S. evidenceThe American Economic Review, 83
P Aghion, P Howitt (1998)
Endogenous growth theory
A Pakes (1985)
On patents, R&D, and the stock market rate of returnJournal of Political Economy, 93
Terry O'banion, Laura Weidner, Cynthia Wilson (2012)
The Impact of InnovationCommunity College Journal of Research and Practice, 36
R Koenker, K Hallock (2001)
Quantile regressionJournal of Economic Perspectives, 15
F. Lotti, E. Santarelli, M. Vivarelli (2007)
Defending Gibrat’s Law as a long-run regularitySmall Business Economics, 32
(1985)
On patents, R&D, and the stock market rate
Alex Coad, Rekha Rao (2008)
Innovation and firm growth in high-tech sectors: A quantile regression approachResearch Policy, 37
Alex Coad, Rekha Rao (2006)
Innovation and market value: a quantile regression analysisEconomics Bulletin, 15
A. Monte, Erasmo Papagni (2003)
R&D and the growth of firms: empirical analysis of a panel of Italian firms ☆Research Policy, 32
E. Stam, Karl Wennberg (2009)
The roles of R&D in new firm growthSmall Business Economics, 33
Bronwyn Hall (1998)
Innovation and Market ValueInnovation Finance & Accounting eJournal
M. Piva, M. Vivarelli (2003)
Innovation and Employment: Evidence from Italian MicrodataJournal of Economics, 86
Katharina Wakelin (2001)
Productivity growth and R&D expenditure in UK manufacturing firmsResearch Policy, 30
M. Roberts, M. Setterfield, Marc Hnytka (2007)
What is Endogenous Growth Theory
M. Piva, M. Vivarelli (2004)
Technological change and employment: some micro evidence from ItalyApplied Economics Letters, 11
BH Hall, F Lotti, J Mairesse (2008)
Employment, innovation and productivity: Evidence from Italian microdataIndustrial and Corporate Change, 17
Rupert Harrison, J. Jaumandreu, J. Mairesse, Bettina Peters (2008)
Does Innovation Stimulate Employment? A Firm-Level Analysis Using Comparable Micro-Data from Four European CountriesInformation Systems & Economics eJournal
T. Dunne, Mark, Roberts, L. Samuelson (2007)
The Relationship Between Firm Growth , Size , and Age : Estimates for 100 Manufacturing Industries
V. Spiezia, M. Vivarelli (2003)
The analysis of technological change and employment
W. Gould (1998)
Interquartile and simultaneous-quantile regressionStata Technical Bulletin, 7
R. Ortega-Argilés, M. Piva, Lesley Potters, M. Vivarelli (2009)
Is Corporate R&D Investment in High-Tech Sectors More Effective?IO: Productivity
Bronwyn Hall (1993)
Industrial Research During the 1980s: Did the Rate of Return Fall?, 1993
J. Klette, S. Førre (1998)
Innovation And Job Creation In A Smallopen Economy-Evidence From Norwegian Manufacturing Plants 1982–92Economics of Innovation and New Technology, 5
D. Foray, Bronwyn Hall, J. Mairesse (2007)
Pitfalls in Estimating the Returns to Corporate R&D Using Accounting DataResearch Methods & Methodology in Accounting eJournal
M Pianta (2005)
Oxford handbook of innovation
(2004)
Innovating firms and aggregate innovation
J. Mairesse, Bronwyn Hall (1996)
Estimating the Productivity of Research and Development: An Exploration of GMM Methods Using Data on French & United States Manufacturing FirmsNBER Working Paper Series
Paul Stoneman (1995)
Handbook of the economics of innovation and technological change
J. Madsen (2007)
Are there diminishing returns to R&D?Economics Letters, 95
Volker Zimmermann (2008)
The Impact of Innovation on Employment in Small and Medium Enterprises with Different Growth RatesJahrbücher für Nationalökonomie und Statistik, 229
Reinhard Hujer, Dubravko Radic (2002)
Employment and Technological Change
Ulrich Kaiser (2009)
Patents and profit ratesEconomics Letters, 104
Chih‐hai Yang, Chia-Hui Huang (2005)
R&D, Size and Firm Growth in Taiwan‘s Electronics IndustrySmall Business Economics, 25
R. Henderson, I. Cockburn (1996)
Scale, scope, and spillovers: the determinants of research productivity in drug discovery.The Rand journal of economics, 27 1
Werner Hölzl (2008)
Is the R&D behaviour of fast-growing SMEs different? Evidence from CIS III data for 16 countriesSmall Business Economics, 33
R. Koenker, G. Bassett (2007)
Regression Quantiles
Stefan Lachenmaier, H. Rottmann (2007)
Employment Effects of Innovation at the Firm LevelJahrbücher für Nationalökonomie und Statistik, 227
Boyan Jovanovic (1981)
Selection and the evolution of industry
V Spiezia, M Vivarelli (2000)
The employment impact of innovation: Evidence and policy
Bronwyn Hall, Francesca Lotti, Jacques Mairesse, Bettina Peters, Massimo Sbracia, Roberto Torrini, Marco Vivarelli (2007)
credit, including © notice, is given to the source. Employment, Innovation, and Productivity: Evidence from Italian Microdata
E Brouwer, A Kleinknecht, JON Reijnen (1993)
Employment growth and innovation at the firm level: An empirical studyJournal of Evolutionary Economics, 3
Takehiko Yasuda (2005)
Firm Growth, Size, Age and Behavior in Japanese ManufacturingSmall Business Economics, 24
D. Ravenscraft, F. Scherer (1982)
The lag structure of returns to research and developmentApplied Economics, 14
BH Hall (1987)
The relationship between firm size and firm growth in US manufacturingJournal of Industrial Economics, 35
This paper investigates the relationship between initial research and development (R&D) intensity and firm growth using a unique data set for firms with R&D activities in Austria during the period 1995–2006. Results based on the least absolute deviation (LAD) estimator show that initial R&D intensity has a positive and significant impact on both employment and sales growth in the subsequent 2 years. Quantile regressions for each cross-section reveal that the impact of R&D intensity is significant from 0.3 to the highest quantile of the conditional distribution of employment growth. Furthermore, the elasticity of employment growth with respect to R&D intensity is highest for firms at or slightly below the median of the distribution of firm growth. Finally, we find that the impact of R&D decreases significantly over time.
Small Business Economics – Springer Journals
Published: Jul 11, 2010
Access the full text.
Sign up today, get DeepDyve free for 14 days.